Fuxing International Investment Fashion Brand Almost All Loss Of Fashion Ambition First Tuition.

After its expected annual results, 0656.HK rose 8.80% to HK $12.86 on Wednesday, and its market value stood at HK $100 billion.

In the 2018 fiscal year, the "happy ecology" business income of FM international including fashion brand, tourism and experiential products and services was 44 billion 155 million 300 thousand yuan, an increase of 73.5% over the same period, and the profit increased by 21.5% to 2 billion 567 million 500 thousand yuan.

Fuxing international fashion business mainly includes the French luxury brand LANVIN, Austria underwear and stockings group Wolford AG, the American women's wear brand St.John, Italy high-end men's wear brand Caruso and Germany fast fashion brand TOM TAILOR, while the financial fraud of the Greek jeweler Folli Follie CommercialManufacturing and Follie (Liv) Fu Li is listed as experiential product and service division.

In the investment of Folli Follie, Fosun international is currently losing 79 million euros, with a total dividend of only 7 million euros.

For LANVIN brand holding 65.60%, Fosun International did not disclose any specific operating receipts, saying only that Bruno Sialelli was appointed as creative director at the beginning of the year.

The financial year of Wolford AG (WLFD.VI), a high-end underwear and tights manufacturer in Austria, is different from that of Fosun international. As of the first 9 months of the 2018/2019 fiscal year in January 2019, Wolford AG recorded a 9% decline in revenue to 108 million 200 thousand euros, and EBIT losses increased 70% to 2 million 310 thousand euros.

The Tom Tailor Holding AG (TTI.DE), the German fast fashion group, which triggered a wholly-owned takeover offer, was postponed to April in March 21st.

In the first 9 months of 2018, the company recorded a loss of 0.02 euros per share and 613 million 500 thousand euros in revenue, down 10.6% from 1-9 euros in 2017, and EBITDA plunged 30.3% to 36 million 800 thousand euros, and EBIT was more than 63.5% to 9 million 500 thousand euros.

As of the end of September, Tom Tailor was only 21 million 300 thousand euros in liquidity, down 11.8% compared to the same period last year, with liabilities of 161 million 200 thousand euros, up 42.3% from the same period last year. During the period, the core data of the company almost all deteriorated, and the operating cash flow was negative.

The main contribution to Fuxing international is the "rich ecological" sector, which covers insurance, finance and investment businesses. In 2018, the net profit was 9 billion 354 million 200 thousand yuan, accounting for only 70% of the group's record profit of 13 billion 406 million 400 thousand yuan.

Despite its reliance on the Chinese market, Fosun international has always been a potential bidder of many brands in the fashion market. However, according to the performance of Fosun international, its fashionable brand not only contributes to the company's profits, but also loses all its publicly available data.

As for the Fosun international, which is committed to setting up a fashion group and making a difference in this field, the road to "fashion ecosystem with global influence" is still very long, even just beginning to pay tuition fees.